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OBIC Co (FRA:OBL) E10 : €2.54 (As of Mar. 2024)


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What is OBIC Co E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

OBIC Co's adjusted earnings per share data for the three months ended in Mar. 2024 was €1.004. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €2.54 for the trailing ten years ended in Mar. 2024.

During the past 12 months, OBIC Co's average E10 Growth Rate was 15.10% per year. During the past 3 years, the average E10 Growth Rate was 15.50% per year. During the past 5 years, the average E10 Growth Rate was 15.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of OBIC Co was 15.50% per year. The lowest was 14.10% per year. And the median was 14.80% per year.

As of today (2024-06-23), OBIC Co's current stock price is €119.00. OBIC Co's E10 for the quarter that ended in Mar. 2024 was €2.54. OBIC Co's Shiller PE Ratio of today is 46.85.

During the past 13 years, the highest Shiller PE Ratio of OBIC Co was 93.76. The lowest was 37.99. And the median was 60.34.


OBIC Co E10 Historical Data

The historical data trend for OBIC Co's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

OBIC Co E10 Chart

OBIC Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.97 2.07 2.33 2.46 2.54

OBIC Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.46 2.37 2.43 2.55 2.54

Competitive Comparison of OBIC Co's E10

For the Software - Application subindustry, OBIC Co's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


OBIC Co's Shiller PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, OBIC Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where OBIC Co's Shiller PE Ratio falls into.



OBIC Co E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, OBIC Co's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.004/107.2000*107.2000
=1.004

Current CPI (Mar. 2024) = 107.2000.

OBIC Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.341 98.000 0.373
201409 0.419 98.500 0.456
201412 0.348 97.900 0.381
201503 0.406 97.900 0.445
201506 0.415 98.400 0.452
201509 0.670 98.500 0.729
201512 0.414 98.100 0.452
201603 0.445 97.900 0.487
201606 0.464 98.100 0.507
201609 0.591 98.000 0.646
201612 0.532 98.400 0.580
201703 0.621 98.100 0.679
201706 0.581 98.500 0.632
201709 0.553 98.800 0.600
201712 0.596 99.400 0.643
201803 0.537 99.200 0.580
201806 0.719 99.200 0.777
201809 0.647 99.900 0.694
201812 0.809 99.700 0.870
201903 0.652 99.700 0.701
201906 0.959 99.800 1.030
201909 0.828 100.100 0.887
201912 0.777 100.500 0.829
202003 0.715 100.300 0.764
202006 0.909 99.900 0.975
202009 0.842 99.900 0.904
202012 0.850 99.300 0.918
202103 0.812 99.900 0.871
202106 0.915 99.500 0.986
202109 0.911 100.100 0.976
202112 0.976 100.100 1.045
202203 0.957 101.100 1.015
202206 1.046 101.800 1.101
202209 0.936 103.100 0.973
202212 1.019 104.100 1.049
202303 0.969 104.400 0.995
202306 1.080 105.200 1.101
202309 0.982 106.200 0.991
202312 1.088 106.800 1.092
202403 1.004 107.200 1.004

Add all the adjusted EPS together and divide 10 will get our e10.


OBIC Co  (FRA:OBL) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

OBIC Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=119.00/2.54
=46.85

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of OBIC Co was 93.76. The lowest was 37.99. And the median was 60.34.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


OBIC Co E10 Related Terms

Thank you for viewing the detailed overview of OBIC Co's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


OBIC Co (FRA:OBL) Business Description

Traded in Other Exchanges
Address
Obic Building, 2-4-15 Kyobashi, Chuo-ku, Tokyo, JPN, 104-8328
OBIC Co Ltd is a Japan-based IT service management company. Its principal operations are system integration services, system support services, office automation services, and package software services, providing customers with total solution services. The company's business segments include System Integration Services, OBIC7 series ERP software, System Support Services and Office Automation Services.

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